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Domty Studies Plan for Saudi Factory

Businessmen Team banks-exchange 16 September 2025 11:18 PM
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Domty Studies Plan for Saudi Factory

Arab Food Industries Company (Domty) announced that it is still studying the establishment of a factory in Saudi Arabia. The step comes as part of its plan to strengthen its presence in the Gulf region.

The company explained, in response to inquiries from the Egyptian Exchange, that the decision is still under review. It confirmed that Domty’s management has not yet issued any official resolution in this regard.

Domty reported profits of EGP 14.66 million during the period from January to the end of June 2025. This compares to profits of EGP 241.06 million in the same period of 2024, taking minority interests into account.

The company’s sales fell in the first half of this year to EGP 4.25 billion. This is down from EGP 4.34 billion in the corresponding period of the previous year.